While China - the world’s second-largest oil consumer - is the outlier for now, easing travel restrictions and stimulus packages aimed at resuscitating economies could accelerate global oil demand in the second half of 2020, industry executives said.“The bri.. Read the news
CITGO Petroleum Corporation (the "Company") today announced that it has commenced a private offering exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"), of $750 million aggregate princ.. Read the news
Crossroads Strategic Advisors, Inc. ("Crossroads") announced the launch of its Energy Restructuring practice to serve the oil and gas industry. Based in Houston, Crossroads was founded by Jeff Anapolsky and Gleeson Van Riet t.. Read the news
Iran is providing Venezuela with 1.53 million barrels of gasoline and components in a move criticized by U.S. authorities as both nations are under Washington’s sanctions, according to the governments, sources and calculations by TankerTrackers.com.Tanker Fortune .. Read the news
Indian buyers contracted up to 200,000 tonnes of Malaysian crude palm oil for June and July, after a four-month gap following a diplomatic row.Malaysia’s exports to India in January to April fell to 96,145 tonnes, down 94% from the same period in 2019, Plantation .. Read the news
The dome and assembly of the 816,000-kilogram tank were airlifted into place on Tuesday, May 19, less than a month after the dome's elevation of the first LNG tank on April 24. Air injection lift allows for better and safer access as well as a faster constructi.. Read the news
The plans of companies like BP, Royal Dutch Shell and Total are in step with the European Union’s efforts to transition to a lower-carbon economy and away from a century-old reliance on oil, and reflect the region’s widening rift with the United States .. Read the news
Univar Solutions Inc. ("Univar Solutions" or "the Company"), a global chemical and ingredient distributor and provider of value-added services, announced that it has been appointed the exclusive distributor of VORASURF™ Silicone .. Read the news
Brent crude futures were up 51 cents, or 1.8%, at $29.70 per barrel at 0755 GMT. U.S. West Texas Intermediate (WTI) crude futures were up 54 cents, or 2.1%, at $25.83 per barrel.Prices have ticked up in the past two weeks as some countries relaxed coronavirus restrictio.. Read the news
crop.zone GmbH (Aachen-Germany) has announced the expansion of its advisory board. This board helps shape and guide the strategy of crop.zone hybrid herbicide, working closely with the leadership team to capitalize on future growth opportunities."I am very pleased .. Read the news
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